JPMorgan Chase & Co. Grows Stake in FS Bancorp, Inc. (NASDAQ:FSBW)

JPMorgan Chase & Co. boosted its position in shares of FS Bancorp, Inc. (NASDAQ:FSBW) by 108.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 37,536 shares of the bank’s stock after purchasing an additional 19,509 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.48% of FS Bancorp worth $1,541,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. State Street Corp boosted its position in shares of FS Bancorp by 4.9% in the 3rd quarter. State Street Corp now owns 113,851 shares of the bank’s stock worth $5,065,000 after buying an additional 5,313 shares in the last quarter. Jane Street Group LLC raised its position in FS Bancorp by 43.9% during the third quarter. Jane Street Group LLC now owns 8,784 shares of the bank’s stock worth $391,000 after acquiring an additional 2,678 shares during the last quarter. Barclays PLC lifted its holdings in shares of FS Bancorp by 30.0% in the third quarter. Barclays PLC now owns 27,418 shares of the bank’s stock valued at $1,220,000 after purchasing an additional 6,331 shares in the last quarter. Geode Capital Management LLC grew its position in shares of FS Bancorp by 1.5% in the third quarter. Geode Capital Management LLC now owns 154,911 shares of the bank’s stock valued at $6,894,000 after purchasing an additional 2,215 shares during the last quarter. Finally, SG Americas Securities LLC increased its stake in shares of FS Bancorp by 18.6% during the 4th quarter. SG Americas Securities LLC now owns 2,756 shares of the bank’s stock worth $113,000 after purchasing an additional 433 shares in the last quarter. Institutional investors and hedge funds own 63.88% of the company’s stock.

FS Bancorp Price Performance

FSBW stock opened at $38.32 on Friday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.04 and a current ratio of 1.06. The stock’s 50 day moving average price is $37.82 and its 200 day moving average price is $41.35. The firm has a market cap of $297.21 million, a P/E ratio of 8.71 and a beta of 0.78. FS Bancorp, Inc. has a 1 year low of $31.11 and a 1 year high of $49.15.

FS Bancorp (NASDAQ:FSBW) last posted its quarterly earnings data on Tuesday, April 22nd. The bank reported $1.01 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.08. FS Bancorp had a return on equity of 12.35% and a net margin of 16.97%. The business had revenue of $36.11 million for the quarter, compared to analyst estimates of $36.05 million. On average, sell-side analysts expect that FS Bancorp, Inc. will post 4.26 earnings per share for the current fiscal year.

FS Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Thursday, May 8th will be given a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.92%. The ex-dividend date of this dividend is Thursday, May 8th. FS Bancorp’s dividend payout ratio is presently 25.75%.

FS Bancorp Profile

FS Bancorp, Inc operates as a bank holding company for 1st Security Bank of Washington that provides banking and financial services to local families, local and regional businesses, and industry niches. The company operates in two segments, Commercial and Consumer Banking; and Home Lending. It offers various deposit instruments, including checking accounts, money market deposit accounts, savings accounts, and certificates of deposit.